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Rs 900 cr in fee reimbursement arrears to be released shortly: Secy

Posted by on June 8, 2011 0 Comment

Hyderabad: Arrears of the fee reimbursement to the college managements will be released in three or four days.

An assurance to this effect was given by the Principal Secretary Raymonds Peters at the Secretariat on Wednesday to the management representatives of the AP Consortium of Engineering Colleges Managements Association.

After meeting Raymonds Peters the management representatives met the media persons and informed that the government was supposed to remit 75 per cent of the fees and by May 31, as per the Supreme Court ruling but the remittance was delayed for technical reasons as quoted by the government.

Consortium of Engineering Colleges Managements Association Chairman Charles K Chiranjeevi Reddy and general secretary Dr P Rajeshwar Reddy detailed that the third and fourth instalments of fees amounting to Rs 900 crore each would be released shortly and the balance of amount would be released by July 31.

Stating that they were as much interested in supporting the students drawn from the underprivileged classes, they said that reimbursement was not reaching the core sector of weaker sections saying that the children of bureaucrats and political leaders were part of the claimants of fee reimbursement.

It was deplored that students belonging to the creamy layer of the society were cutting into the quota of the actual deserving candidates, they lamented.(INN)

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